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Thermwood (Thermwood) EBIT : $0.06 Mil (TTM As of Jul. 2001)


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What is Thermwood EBIT?

Thermwood's earnings before interest and taxes (EBIT) for the three months ended in Jul. 2001 was $-0.28 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2001 was $0.06 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Thermwood's annualized ROC % for the quarter that ended in Jul. 2001 was -8.48%. Thermwood's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2001 was -19.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Thermwood's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jul. 2001 was 200.00%.


Thermwood EBIT Historical Data

The historical data trend for Thermwood's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Thermwood EBIT Chart

Thermwood Annual Data
Trend Jul92 Jul93 Jul94 Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.10 2.40 1.15 2.02 0.02

Thermwood Quarterly Data
Oct96 Jan97 Apr97 Jul97 Oct97 Jan98 Apr98 Jul98 Oct98 Jan99 Apr99 Jul99 Oct99 Jan00 Apr00 Jul00 Oct00 Jan01 Apr01 Jul01
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.35 0.43 0.20 -0.28 -0.28

Competitive Comparison of Thermwood's EBIT

For the Specialty Industrial Machinery subindustry, Thermwood's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Thermwood's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Thermwood's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Thermwood's EV-to-EBIT falls into.



Thermwood EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jul. 2001 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.06 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Thermwood  (OTCPK:TOOD) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Thermwood's annualized ROC % for the quarter that ended in Jul. 2001 is calculated as:

ROC % (Q: Jul. 2001 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2001 ) + Invested Capital (Q: Jul. 2001 ))/ count )
=-1.108 * ( 1 - 12.08% )/( (11.76 + 11.219)/ 2 )
=-0.9741536/11.4895
=-8.48 %

where

Note: The Operating Income data used here is four times the quarterly (Jul. 2001) data.

2. Joel Greenblatt's definition of Return on Capital:

Thermwood's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2001 is calculated as:

ROC (Joel Greenblatt) %(Q: Jul. 2001 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2001  Q: Jul. 2001
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.108/( ( (2.957 + max(2.696, 0)) + (2.504 + max(3.121, 0)) )/ 2 )
=-1.108/( ( 5.653 + 5.625 )/ 2 )
=-1.108/5.639
=-19.65 %

where Working Capital is:

Working Capital(Q: Apr. 2001 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.275 + 6.245 + 1.121) - (0.979 + 0 + 4.966)
=2.696

Working Capital(Q: Jul. 2001 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.76 + 5.494 + 1.458) - (0.895 + 0 + 4.696)
=3.121

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jul. 2001) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Thermwood's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jul. 2001 )
=0.064/0.032
=200.00 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Thermwood EBIT Related Terms

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Thermwood (Thermwood) Business Description

Traded in Other Exchanges
N/A
Address
904 Dale-Buffaloville Road, P.O. Box 436, Dale, IN, USA, 47523-9057
Thermwood Corp is engaged in the development, manufacture, and distribute technology-based products and software for manufacturing as well as provide formal technology training. The company caters to the needs of marine industry, medical industry, military/defense, construction industry, among others.

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